Bank can be classified or categorized in different ways. However, such categorization or classification of banks is a very difficult task since no single basis is good enough to classify them appropriately.
Despite that an attempt is made below to classify them on the basis of:
Function :
1. Central Bank
2. Commercial Banks
3. Industrial Banks
4. Agricultural Banks
5. Islami Banks
6. Cooperative Banks
Ownership :
1. Nationalized/Govt. Controlled Banks
2. Private banks
3. joint venture banks
Organizational structure :
1. Unit bank
2. Branch bank
3. Chain bank
4. Group bank/holding company bank
Origin :
1.Local Banks
2. Foreign Banks
Scheduling :
1. Scheduled Banks
2.Non-scheduled banks